Rental expenses

This Content Was Last Updated on February 9, 2017 by Jessica Garbett   Overview of some of the common tax issues on rental expenditure. The general rule when calculating rental business profits is that expenses will be treated as revenue expenditure provided they are...

Farmers’ averaging profits

This Content Was Last Updated on February 9, 2017 by Jessica Garbett   Guidance and examples for how farmers may obtain tax relief by averaging the profits of consecutive years. The rules relating to the averaging of profits relating to farmers and creative artists...